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PacWest Center

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Type
  
Commercial offices

Roof
  
127.41 m (418.0 ft)

Floors
  
30

Owner
  
Ashforth Pacific

Completed
  
1984

Height
  
127 m

Phone
  
+1 503-233-4048

PacWest Center

Alternative names
  
KeyBank Tower at PacWest Center Icecube Building

Location
  
1211 SW Fifth Avenue Portland, Oregon

Management
  
Langley Investment Properties

Address
  
1211 SW 5th Ave, Portland, OR 97204, USA

Similar
  
KOIN Center, Park Avenue West Tow, US Bancorp Tower, Wells Fargo Center, Standard Insurance Center

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PacWest Center is a 30-story, 127.41 m (418.0 ft) office skyscraper in Portland, Oregon. It is the fifth-tallest building in Portland, and the fourth largest with 491,528 sq ft (45,664.4 m2). The building was designed by Hugh Stubbins & Associates of Cambridge, Massachusetts and completed in 1984.

Contents

Pacwest center


History

PacWest Center was formally dedicated on November 1, 1984. The building's name is derived from former anchor tenant, Pacific Western Bank of Oregon, owned by PacWest Bancorp. However, PacWest's Oregon operations were acquired by KeyCorp in 1986 and became part of KeyBank. Tokyo-based Mitsubishi Estate Co. had been the majority owner in the building since it rose in 1984.

In 1985, the building's design won its architects, Hugh Stubbins & Associates and Skidmore, Owings & Merrill, the year's top "honor award" from the Portland chapter of the American Institute of Architects. The building's lobby was remodeled in 2002. In December 2007 the building was sold to Ashforth Pacific Inc. for $161.5 million. During a windstorm in December 2014 a piece of sheet metal blew off from the tower and damaged the neighboring Standard Plaza. Ashforth sold the PacWest Center in 2016 for $170 million to LPC Realty Advisors I LP.

Details

PacWest is the fourth largest office building in Portland with 491,528 sq ft (45,664.4 m2) of floorspace. The modern, metallic look of the building comes from the use of aluminum panels imported from Japan. Law firm Schwabe, Williamson & Wyatt is one of the largest tenants, occupying the 15th to 19th floors. The firm has been based in the building since 1984.

References

PacWest Center Wikipedia


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